The USD/JPY bounced off the support levels that are located just below the 109.00 mark. By the middle of Tuesday's trading session the currency exchange rate had reached above the resistance of the 55 and 100-hour simple moving averages and touched the 109.30 level. Economic Calendar This week, US data is set to impact the currency exchange rate through the value of
On Monday, the USD/JPY continued the decline, which it began on Friday. By the middle of the day's London trading hours, the rate had reached the support of a pivot point at 108.97. The rate had a couple possible future scenarios, which are described below. Economic Calendar This week, US data is set to impact the currency exchange rate through the value of
The surge of the USD/JPY has reached the 109.40 level. Moreover, the pivot point at 109.39 was pierced on Thursday. In regards to the near term future, the rate was expected to consolidate and afterwards resume its surge. Economic Calendar There are no more relevant events this week that could impact the USD/JPY currency exchange rate. Next week's reaction tables have been published. Take
On Thursday, the USD/JPY currency rate was sharply surging after finding support in the 200-hour simple moving average. By the middle of the day's London trading, the pair had reached the 109.20 mark. The future forecasts were based upon what would happen at the resistance of the 109.20 mark. Economic Calendar There are no more relevant events this week that could impact the
As expected, the USD/JPY reached the 109.00 level. Moreover, the resistance levels at that price level were passed. Although, the passing of 109.00 did not result in a surge up to the 109.39 level, as it was forecast on Tuesday. US ISM Non-Manufacturing PMI The Institute for Supply Management (ISM) released the US ISM Non-Manufacturing PMI survey results, which came
The surge of the USD/JPY has continued. By the middle of Tuesday's trading the rate had reached above the 108.80 level. Moreover, the rate had no resistance as high as the 109.00 level. Future forecasts were based upon what would happen at the 109.00 mark. Economic Calendar This week there is only one event scheduled that could impact the rate. On Tuesday, the US
On Monday, the USD/JPY was making attempts to pass a cluster of technical resistance levels that were located just above the 108.40 level. The future forecasts for the currency rate were based on what would happen at the cluster of technical levels. FOMC Statement and Federal Funds Rate The Federal Reserve released the US Federal Funds Rate data, which came out in line
As expected, the USD/JPY reached the 108.00 level. Moreover, it reached slightly below it, where the decline found support in the freshly calculated monthly pivot point at 107.94. On Friday, the rate was trading with low volatility between the mentioned monthly pivot point and the resistance of a weekly PP at 108.04. FOMC Statement and Federal Funds Rate The Federal Reserve released
The US Federal Reserve Rate cut has caused a decline of the USD/JPY, which by the middle of Thursday's trading session had reached the 108.20 level. Moreover, the decline was expected to continue and reach the 108.00 level. Economic Calendar On Friday, November 1, the US Employment data set will be on focus - the Average Hourly Earnings, the Non-Farm Employment Change and
The USD/JPY rate traded sideways on Wednesday. The reason for the fluctuations in the range between 108.80 and 108.90 was the expectations of the US Federal Reserve Rate announcement scheduled for 18:00 GMT. Economic Calendar This week the rate is bound to be affected by US data and an expected rate cut. On Wednesday, October 30, the US ADP Non-Farm Employment Change data
On Tuesday, the USD/JPY was finding support in the 108.85 level. Meanwhile, hourly simple moving averages were approaching from below, which indicated that a surge could be possible during the near future. Economic Calendar This week the rate is bound to be affected by US data and an expected rate cut. On Wednesday, October 30, the US ADP Non-Farm Employment Change data will
On Monday, the USD/JPY traded in the range that it reached on Friday. Namely, the pair fluctuated between the 108.65 and 108.80 levels. Meanwhile, take into account that the 55-hour simple moving average had approached and the pair and started to provide support. Economic Calendar This week the rate is bound to be affected by US data and an expected rate cut. On Wednesday,
On Thursday morning, the USD/JPY tested the upper boundary of the falling wedge pattern. From a theoretical point of view, it is likely that a reversal south could occur in the nearest future. Economic Calendar This week there are no events left that could affect the USD/JPY pair. Next week, data releases from the US will be on focus. On Tuesday, October 29, the US
On Thursday morning, the USD/JPY tried to surpass the psychological level at 108.70 . Given that the pair is supported by the 55-, 100- and 200-hour SMAs, some upside potential could prevail in the market. Economic Calendar This week there is only one event that could affect the USD/JPY pair. Today, the US Durable Goods Orders data will be published at 12:30 GMT. Read
On Wednesday, the USD/JPY was testing the resistance formed by 55-, 100- and 200-hour SMAs, as well the Fibo 38.20% and the weekly PP. If the given resistance cluster holds, it is likely that a reversal south could occur in the nearest future. Economic Calendar This week there is only one event that could affect the USD/JPY pair. On Thursday, the US Durable Goods
On Tuesday, the USD/JPY was testing the support formed by the 55-hour moving average. If the given moving average holds, it is likely that the US Dollar could appreciate against the Japanese Yen in the short term. Economic Calendar This week there is only one event that could affect the USD/JPY pair. On Thursday, the US Durable Goods Orders data will be published at
On Monday, the USD/JPY was testing the resistance formed by the 55- and 100-hour moving averages. If the given resistance holds, it is likely that some downside potential could prevail. Economic Calendar This week there is only one event that could affect the USD/JPY pair. On Thursday, the US Durable Goods Orders data will be published at 12:30 GMT. Read More: 14.10-18.10 Event Historical
On Friday morning, the USD/JPY currency pair was consolidating the psychological level at 108.60. Given that the pair is supported by the 100-hour moving average, it is likely that some upside potential could prevail in the market. Economic Calendar This week there are no events left that could affect the USD/JPY pair. Next week, there will be one data release, which might impact the
On Thursday, the USD/JPY currency pair was consolidating the psychological level at 108.80. Given that the pair is supported by the 55- and 100-hour moving averages, it is likely that some upside potential could prevail in the market. Economic Calendar This week there are no events left that could affect the USD/JPY pair. Next week, there will be one data release, which might impact
On Wednesday, the USD/JPY currency pair was testing the psychological level at 108.80. Given that the pair is supported by the 55-hour moving average, it is likely that some upside potential could prevail in the market. Economic Calendar Today, the US Federal Reserve Meeting Minutes are set to be published at 18:00 GMT. Since February the event has caused moves from 7.7 to
On Tuesday, the USD/JPY pierced the support of the 55-hour simple moving average. The event signalled that a decline of the pair is possible. Economic Calendar Today, the US Federal Reserve Meeting Minutes are set to be published at 18:00 GMT. Since February the event has caused moves from 7.7 to 15.3 base points. This week, there will be one data release, which
The rate reached the previously set target and even surged above it. Although, after reaching the high level of 108.60 the pair began a decline, which by the middle of Monday's trading session had reached the support of the 55-hour simple moving average at 108.05. Economic Calendar Today, the US Federal Reserve Meeting Minutes are set to be published at 18:00 GMT.
The USD/JPY surged, as forecast on Thursday. On Friday morning, the rate was testing a resistance level at 108.13. At that level a pivot point was located at. If the rate could pass this level, it would face no technical resistance as high as 108.44 where a 38.20% Fibonacci retracement level was located at. Economic Calendar Today, the US Federal Reserve Meeting Minutes
Due to trade war news the USD/JPY fluctuated from 107.00 to 107.80 during midnight GMT hours between Wednesday and Thursday. On Thursday morning, the rate found support in the 200-hour SMA just below the 107.40 mark. In general, the rate was set to surge, as it was being approached by the technical support of the 55 and 100-hour simple moving averages. Economic